Elon Musk's AI startup seeks to raise $1B in equity

Elon Musk's AI startup seeks to raise $1B in equity(theguardian.com)

4 points by rohanphadte 2 years ago | 3 comments

Zigurd 2 years ago |

Forbes reported that x.ai will merge with x.com. x.ai is increasingly looking like announcementware, with a fluid set of goals. One would be to pull more money into Xitter before he can't meet a LBO loan payment. Ii predict it will become an orphan joke/troll company like The Boring Company. Real humans sign up for jobs at these joke companies, which makes the jokes less funny.

JumpinJack_Cash 2 years ago | |

> > Real humans sign up for jobs at these joke companies, which makes the jokes less funny

Given the working conditions at Musk companies an otherwise sane individual would only work there if he buys the hype surrounding Musk himself.

If that is the case then I am afraid it's not a matter of if you'd be getting screwed but when. If it's not Musk is going to be some other techbro employing the same techniques.

takoid 2 years ago |

Elon tweeted earlier today that he is not raising money for x.AI right now: https://twitter.com/elonmusk/status/1732404407935910162